Business For Sale: Substantial, Highly Profitable Retail & Trade Paint Outlet - Strathpine

Brendale, QLD

Retail / Homeware/Hardware
Expressions Of Interest
Listing ID1580147

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(National Buying Group) Paint & Accessories Business with Substantial Profitability.
Paint Place Strathpine is a specialist in the paint & accessories retail market. A well-established and recognized provider to the local community, having operated in the area since 1994. The store is considered a large operator, carrying a wide variety of major paint brands, products and accessories for both domestic and trade customers.
An independent trade centre agreement with Wattyl and Haymes, two of the largest and diverse paint suppliers, strengthens its broad appeal.

Features include:
- Established 1994 (22 Years)
- New 747m2 Brendale premises
- Part of the Paint Place national network of 120 stores
- Gross annual sales in excess of $1.8 mil
- Net profit, in excess of $275,000 P/A plus owners income
- Directly importing substantial accessories trade lines
- Two owner/ manager operators with seven staff
- Stock of up to $300,000
- Selling for an R.O.I. multiple of around 30%

Contact our Accredited Business Broker at Ray White Commercial North Coast Central for more detailed information.